9 Jan 2014 11:09
El Oro Ltd (the "Company")
9 January 2014
Directors Shareholding
The Company has been informed of the following transactions in its ordinary shares by Group Company Directors on 3 and 7 January 2014 as follows:
Mrs EW Houston, a non-executive Director of a subsidiary (El Oro and Exploration Company Limited), on 3 January 2014 transferred 123,280 ordinary shares in the Company at 79.5 pence per share between family accounts and trusts.
Mr CRW Parish, an executive Director, on 3 January 2014 transferred 108,693 ordinary shares in the Company at 79.5 pence per share as a Trustee for family trusts.
Mr CRW Parish, an executive Director of the Company, on 7 January 2014 sold 100,000 ordinary shares in the Company at 81.0 pence per share and transferred 100,000 into a family trust from his personal holdings.
Following these transactions:
Mr CRW Parish has a beneficial holding in the Company, following the notification of these transactions, of 6,577,085 ordinary shares representing 10.20% of the Company together with a non-beneficial holding of 10,659,011 ordinary shares representing 16.54% of the Company. This represents an interest of 26.74% in the total voting rights of the Company.
Mrs EW Houston has a beneficial holding in the Company, following the notification of these transactions, of 6,122,881 representing 9.50% of the Company together with a non-beneficial holding of 3,960,752 ordinary shares representing 6.14% of the Company. This represents an interest of 15.64% in the total voting rights of the Company.
For further information, please contact:
Dexion Capital (Guernsey) Limited 01481 732814
Gillian Newton
El Oro Ltd 020 7581 2782 www.eloro.com
Robin Parish, Chairman
Steven McKeane